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Box office: Strong expectations for Guardians of the Galaxy

  • This weekend's debut of Guardians of the Galaxy will be the largest August opening in history with the Marvel (NYSE:DIS) film tapped to show in over 4K theaters including 350 IMAX (NYSE:IMAX) locations.
  • The studio expects a $65M opening, while some Hollywood forecasts range as high as $74M.
  • The film is being closely watched in the industry because the major superhero characters aren't well-known. A successful run would bode well for more profitable character spinoffs from powerful franchises such as The Avengers and Star Wars.
  • Guardians is also one of the last big chances for the summer box office to recover to approach last year's level.
  • Related stocks: CKEC, CNK, RGC, MCS, RDI, AMC

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The Walt Disney Company